Archived Mortgage News - November 2008
Rate cuts have limited success
The Council of Mortgage Lenders have released statistics showing a slight increase in the level of mortgage lending
in October. Gross mortgage lending was £18.7 ...
Published: 20-Nov-2008
Two year fixed rates tumble
Announcements from both the Abbey and Alliance & Leicester would seem to indicate that attempts by the government and Bank of England to lower the cost of borrowing ...
Published: 12-Nov-2008
No sign that rate cuts to be passed on
The Bank of England's rate setting body the MPC surprised many with a 1.5% reduction to the base rate, bringing it down to 3% due to growing concerns over the downturn ...
Published: 06-Nov-2008
Woolwich to raise interest rates
Business Development Managers for Woolwich (Barclays) have been contacting mortgage brokers today to provide advance warning of an increase to their tracker rates ...
Published: 05-Nov-2008
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Latest News:
UK Financial Solutions New Mortgage Sourcing System Goes Live
UK financial Solutions has partnered with Evaluate Technologies to embed their online mortgage comparison service that ensures you get the best mort...
Published: 15-Sep-2009
BOE increases quantitative easing and holds the base rate
The Bank of England announced today that for the fifth consecutive month the base rate will be held at 0.5%, and that quantitative easing will be incr...
Published: 06-Aug-2009
Rise in Intermediary Mortgage Products Signals a Stabalising Market
Further news that the market may be stabilising has come from Mortgage Brain, one of the main sourcing systems available to intermediaries. Their fi...
Published: 06-Aug-2009
